Sarex Power Solution Private Limited

Lead-acid battery manufacturer for E-rickshaw, inverters, and automotive.

2019 | Aligarh, Uttar Pradesh (India) | Active
Last Updated:

Sarex Power Solution Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.30 Cr
  • Revenue Growth 17.22%
  • Profit Growth -0.46%
  • Ebitda -5.38%
  • Net Worth 59.72%
  • Total Assets 80.10%

About Sarex Power Solution

Sarex Power Solution Private Limited (SPSPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 April 2019 (Five years and 11 months 22 days old ). Its registered office is in Aligarh, Uttar Pradesh, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.30 Cr.

Vijay Varshney and Gaurav Varshney serve as directors at the Company.

Company Details

  • Location

    Aligarh, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909UP2019PTC115753

  • Company No.

    115753

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Apr 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Automotive

Who are the key members and board of directors at Sarex Power Solution?

Board Members (2)

NameDesignationAppointment DateStatus
Vijay Varshney Country flag representing In Director 10-Apr-2019Current
Gaurav Varshney Country flag representing In Director 10-Apr-2019Current

Financial Performance of Sarex Power Solution.

Sarex Power Solution Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 17.22% increase. The company also saw a slight decrease in profitability, with a 0.46% decrease in profit. The company's net worth Soared by an impressive increase of 59.72%.

Sarex Power Solution revenue growth over time
Sarex Power Solution profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
17.22%
Revenue from Operations
17.14%
Total Assets
80.10%
Profit or Loss
-0.46%
Net Worth
59.72%
EBITDA
-5.38%

What is the Ownership and Shareholding Structure of Sarex Power Solution?

In 2021, Sarex Power Solution had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.00 Cr
  • Hdfc Bank Limited : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
02 May 2024Others₹1.00 CrOpen
31 Oct 2022Hdfc Bank Limited₹3.00 MOpen

How Many Employees Work at Sarex Power Solution?

Unlock and access historical data on people associated with Sarex Power Solution, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Sarex Power Solution Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sarex Power Solution, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sarex Power Solution's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Sarex Power Solution

Recent activity within the organization

  • Annual General Meeting

    Sarex Power Solution Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100960408 was registered on 02 May 2024.

  • Balance Sheet

    Sarex Power Solution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 M with Charge ID 100678964 was registered on 31 Oct 2022.

  • Director Appointment

    Vijay Kumar Varshney was appointed as a Director was appointed as a Director on 10 Apr 2019 & has been associated with this company since 5 years 11 months .

  • Director Appointment

    Gaurav Varshney was appointed as a Director was appointed as a Director on 10 Apr 2019 & has been associated with this company since 5 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Sarex Power Solution Private Limited?

    Sarex Power Solution Private Limited was incorporated on 10 Apr 2019.

  • What is authorized share capital and paid-up capital of Sarex Power Solution Private Limited?

    The authorized share capital of Sarex Power Solution Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Sarex Power Solution Private Limited?

    Currently 2 directors are associated with Sarex Power Solution Private Limited.

    • Vijay Kumar Varshney
    • Gaurav Varshney
  • What is the registered address of Sarex Power Solution Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sarex Power Solution Private Limited is D-152 Tala Nagri Industrial Area Sec 1 (U.P.S.I.D.C) Ramghat Road, India, Aligarh, Uttar Pradesh, 202001.

  • What is the corporate identification number (CIN) and company number of Sarex Power Solution Private Limited?

    The corporate identification number (CIN) of Sarex Power Solution Private Limited is U31909UP2019PTC115753 and the company number is 115753 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sarex Power Solution Private Limited?

    The Official website of Sarex Power Solution Private Limited is https://www.sarexindia.com

  • What has been the recent revenue trend for Sarex Power Solution Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sarex Power Solution Private Limited has risen by 17.22%.

  • What change has been observed in the net worth of Sarex Power Solution Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Sarex Power Solution Private Limited has experienced an upsurge of 59.72%.

  • What are the total open charges for Sarex Power Solution Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Sarex Power Solution Private Limited amount to ₹ 1.30 Cr.

  • When was the last Balance Sheet of Sarex Power Solution Private Limited filed with the ROC?

    The most recent Balance Sheet for Sarex Power Solution Private Limited was filed with the ROC on 31 Mar 2024.